Weak Indian demand, high port stocks deter deals for 5,500 NAR

摘要

Spot deals for imported 5,500 kcal/kg coal delivered into India have thinned out as demand forthe grade from the sponge iron and cement industriesremained weak, sources said Tuesday.An India-based trader said he had not seen any deals forSouth African 5,500 kcal/kg NAR in recent days. He peggedthe price of Panamax cargoes of the grade at around $75-76/mt CFR east coast India.